John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Reaches New 52-Week High – What’s Next?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $76.82 and last traded at $76.75, with a volume of 43838 shares traded. The stock had previously closed at $76.27.

John Hancock Multifactor Mid Cap ETF Price Performance

The business’s 50-day simple moving average is $74.17 and its two-hundred day simple moving average is $71.48. The stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

A number of institutional investors have recently made changes to their positions in JHMM. MCF Advisors LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at $30,000. Hantz Financial Services Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at about $32,000. Elyxium Wealth LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth about $34,000. Pittenger & Anderson Inc. bought a new position in shares of John Hancock Multifactor Mid Cap ETF during the first quarter worth about $34,000. Finally, Strive Financial Group LLC acquired a new position in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth about $36,000.

About John Hancock Multifactor Mid Cap ETF

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.